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Financial Planning / Tax Strategies


Subject:  Re: Buying Rental Date:  11/1/2019  12:28 PM
Author:  ptheland Number:  129697 of 131243

If you are looking for additional tax advantages in 2019 you might be able to use an accelerated depreciation approach to front load the depreciation and get larger tax deduction.

Real estate is not eligible for any accelerated depreciation. It's straight line depreciation with a mid-month convention (the property is considered placed in service for 1/2 of a month in the month is is placed in service).

That said, it is possible to segregate out some assets from the property and get accelerated depreciation on those assets. But for a typical single family residential rental property, we're not talking about a lot here - arguably not enough of a difference to pay for the time and effort of separating those assets out.

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